A high debt ratio indicates an excessive amount of debt and should be reduced over time to avoid any debt repayment problems.

Name: A high debt ratio indicates an excessive amount of debt and should be reduced over time to avoid any debt repayment problems.
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Question

Quizplus · Accepted Answer

A high debt ratio indicates that a company or individual has a significant amount of debt relative to their assets, suggesting potential difficulties in meeting debt obligations and the need for reducing debt levels to ensure financial stability.

A High Debt Ratio Indicates an Excessive Amount of Debt